Deeper Integration Vital for Growth in Latin America and the Caribbean, World Bank Report Says

WASHINGTON, March 14, 2017 – A deeper economic integration among Latin American World Bank buildingand Caribbean countries will make the region more competitive in international markets and boost long-term growth, according to a new World Bank report.

Better Neighbors: Toward a Renewal of Economic Integration in Latin America, argues that a renewed integration strategy that takes advantage of the complementarities between regional and global economic integration can contribute to growth with stability. This is particularly relevant for a region that is just coming out of two years of recession.

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